Flowgroup Plc Share Discussion Threads

[moorsie2] 08/2/2017 07:55

The currency devaluation has made it unattractive to manufacture in UK - Brexit impact directly

The legislative environment (all be it that predates Brexit vote) is not promoting green energy where as in continental Europe it is

My biggest fear was that they were going to sell the rights of the boiler for pittance and try to be an energy trader - which is not the strategy I bought into

Sell the energy business , drive sales in Europe and manufacturing in Germany / Poland and there is a good business. I think this is the conclusion of the strategic review

[staverly] 08/2/2017 07:48

moorsie2 ... don't think this morning's ann. is good news at all. The business is hemorrhaging cash to such an extent where unless it comes up with a re-financing plan the game is over. Maybe i'm wrong (again!), we'll see what Mr Market thinks very shortly

[18bt] 08/2/2017 07:42

What on eath's Brexit got to do with it? Not sure the Govt's energy policy which has been inconsistent for years can be linked to Brexit ..

[moorsie2] 08/2/2017 07:28

Very positive that the board have concluded that the boiler business is much more strategically valuable than the energy business.

Also interesting to see that they see the future for such boilers in an enlightened mainland Europe due to benevolent legislation for green energy and currency. Quite a damning assessment of Brexit and such an environment being the natural home to innovation, trading and new entrepreneurial businesses :(

But I for one am glad that the board have now put their balls on the line with a brave assessment and direction. Happy to hold now

[kooba] 08/2/2017 07:16

So they have received approaches for energy division and are engaging....so what price energy division?270,000 customers predominantly dual fuel.£200 a head??So could be over £50mFlow market cap £20m with some cash and a potentially disruptive boiler fully developed.

[opodio] 27/1/2017 21:02

Investors claims that the ceo's remuneration totals £2 million over the past three years and is hindering the companys finances

[entropy22] 26/1/2017 13:58

Shareholders need to know what direction the company is going to take and whether funds are in place to do it and pronto! Can't believe Jabil and Aviva aren't banging on his door daily to ensure their investment does not evaporate completely. Recent RNS keep mentioning, delivery of share holder value. Where is it and how will we get it? Uncertainty is driving the share price down at the moment.

[1fox1] 26/1/2017 10:42

Kooba in answer to your reply. When the clown leading this company made a statement in December the share price stood at around 10p. Inside a month it fell to as little as 5.75p. I think a little explanation was needed don't you? Not to mention how the share price has gone from 44p to 6p inside twelve months. Yet he seems to think he's worth his exorbitant salary on the back of all this failure.

[1fox1] 20/1/2017 14:54

Well what do you expect for your money? In less than two years the share price has gone from around 44p to 6.25p. Now that takes some doing. Think what he would pay himself if the company was doing well. :o) At this rate he'll be paying himself more than the company is worth he he he!!

[larva] 20/1/2017 10:10

Why is the ceo taking home 500k a year when the company loses so much money

[1fox1] 20/1/2017 10:04

Nice one uppompeii :o)

[uppompeii] 19/1/2017 23:20

What does he pay himself again?

[1fox1] 18/1/2017 18:50

Yep too true Moorsie2. The silence from Stiff and co is quite alarming. Share price now at a little above 6p. Looks to me like his "game changing boiler" is destined for the rubbish bin.

[moorsie2] 18/1/2017 11:56

This is not looking pretty....

[1fox1] 09/1/2017 17:27

Hate to say this as a long suffering shareholder but this one is beginning to have a look of the knackers yard about it? Well done Tony Stiff!! Laughing all the way to the bank on his inflated salary. Typical example of corporate Britain. CEO's and directors rewarding themselves for failure. These are the sort of people where government intervention should be carried out imo. It shouldn't be allowed that they get excessive pay for running companies that do not perform.

[entropy22] 04/1/2017 13:33

Must be worth a punt at this level as all the doom and gloom is already priced in.Got to wonder what these shares could be worth if DECC decision is favourable and they have maintained their customer growth rate.

[philjeans] 04/1/2017 09:08

No - just UP!

[sp1972] 07/12/2016 09:32

Urgent. Cheap fix for two winters + £30 cashback - 10,000 available. Let's be straight, prices are on the up. In the last two months alone, the cheapest deal has gone from £744/yr to £858/yr, and it's predicted to continue rising.But we've blagged a dual-fuel tariff from Flow Energy that most will see if you do a Cheap Energy Club comparison ASAP. It's £877/yr on typical use, only £19/yr more expensive than the best 1yr fix. You do, however, get to lock in for two winters, not just one; and you get £30 cashback via our Cheap Energy Club.This isn't a collective switch (where a trusted intermediary such as a council or us negotiates a special deal for users) but we think it's the next best thing, and as there are only 10,000 available, they'll likely go quick. The key facts:- It's available for new customers only.- You get £30 dual-fuel cashback from Cheap Energy Club.- As it's a fix, the rate (not cost, that depends on use) is fixed until 31 March, 2018. - It's available for dual-fuel only (ie, gas & elec together) incl Eco 7.- You must pay by monthly direct debit.- Leave early and there's a £20/fuel exit fee. - The switch of your supply will happen at some point from 1 Jan.- You can't take it with you if you move home but there are no exit fees if you do relocate.- It's also on MoneySup (we're part of the same group) but nowhere else, yet there you don't get the cashback.How it compares for someone with typical usageAvg price on Ofgem typical dual-fuel direct-debit use (varies by region)Typical cost: Current avg Big 6 standard tariff: £1,063/yrMSE Special: Flow Energy March 2018 fix: £877yr + £30 cashback, £20/fuel exit feeCheapest open-market 1yr fix: So Energy: £858/yr - no cashback, £5/fuel exit feeCheapest bigger provider with good service: First Utility 1yr fix: £929/yr - £30 cashback, £30/fuel exit feeCheapest 2yr fix: First Utility: £999/yr - £30 cashback, £50/fuel exit feeGet YOUR EXACT PRICE & saving via a full market comparisonWho is Flow? It's a small provider, but not a tiddler; it works with Shell, and its cust feedback was 77% 'great' in our last survey.

[sp1972] 07/12/2016 09:01

Flow getting a mention in Martin Lewis's weekly email

[kooba] 06/12/2016 07:58

M&A in sector admittedly in non domestic but there could be a period of consolidation in the offing?British company Drax Group Plc (DRX.L) said it has proposed to acquire privately held Opus Energy Group Ltd for 340 million pounds ($433.43 million) in a deal that would help it expand by supplying power to small-and-medium enterprises.Drax said the deal would add about 130,000 customers to its accounts as Opus controlled about 8 percent of the non-domestic electricity supply market in the country.

[philjeans] 05/12/2016 16:09

The chart shows an aberration with the share price dipping below 10p. I believe the price will quickly return to the norm and we'll see 10p plus before 2017, now we know they have hedged oil and gas and the business is still on track.

If other small suppliers fail (very likely) Flow will benefit.